Tech Company Financing Transactions

BAROnova Funding Round

BAROnova, operating out of San Carlos, secured $27.3 million from Sante Ventures, Arboretum Ventures and Boston Scientific Corporation.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Sante Ventures (Lead Investor) (Kevin Lalande)

Arboretum Ventures (Jan Garfinkle)

Boston Scientific Corporation

Highland Capital Partners (Corey Mulloy)

Lumira Capital

ONSET Ventures (Robert Kuhling)

Proceeds Purpose
Proceeds will be used to fund a pivotal study of the TransPyloric Shuttle (TPS) weight-loss technology to gain US and European regulatory approvals. Financial terms were not disclosed.

Company Information

Company Status
Private & Independent
Medical Devices & Instruments
Mailing Address
1551 Industrial Rd.
San Carlos, CA 94070
Email Address
BAROnova's technology focuses on potentially slowing a person's gastric emptying.
BAROnova LinkedIn Company Profile
Social Media
BAROnova Company Twitter Account
Company News
BAROnova News
BAROnova on Facebook
BAROnova on YouTube

Management Team

Email & Social
Chief Executive Officer
David Thrower
  David Thrower LinkedIn Profile  David Thrower Twitter Account  David Thrower News  David Thrower on Facebook
VP - Operations
Bren Kern
  Bren Kern LinkedIn Profile  Bren Kern Twitter Account  Bren Kern News  Bren Kern on Facebook
VP - R & D
Kobi Iki
  Kobi Iki LinkedIn Profile  Kobi Iki Twitter Account  Kobi Iki News  Kobi Iki on Facebook
VP - Regulatory Affairs
David Carner
  David Carner LinkedIn Profile  David Carner Twitter Account  David Carner News  David Carner on Facebook
VP - Regulatory Affairs
Lian Cunningham
  Lian Cunningham LinkedIn Profile  Lian Cunningham Twitter Account  Lian Cunningham News  Lian Cunningham on Facebook



Browse more venture capital transactions:

Prev: 2/15/2013: Quad Learning venture capital transaction
Next: 2/15/2013: Secure64 Software venture capital transaction


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Where The Data Comes From

We report on tech company VC transactions. VC transactions reported here are sourced from publicly available VC deal announcements. The data is sourced from, an affiliated venture.


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